Ministry of Power extended the deadline for submission of Renewable Consumption Obligation compliance details for the financial year 2024–25 to May 31, 2026, following representations from obligated entities citing challenges in meeting the earlier timeline. The extension from the earlier timeline of March 31, 2026, applies to designated consumers, who are mandated under India’s energy efficiency and renewable consumption framework to meet specified targets for renewable energy use and submit compliance data.

The Bureau of Energy Efficiency (BEE) issued draft regulations on energy audit and energy accounting for distribution companies (DISCOMs), proposing a standardized framework to improve efficiency and reduce losses across the power distribution sector. Under the proposed regulations, DISCOMs must conduct annual energy audits for each financial year and submit reports within four months of the end of the year.

The Competition Commission of India dismissed allegations of bid rigging, abuse of dominant position, and anti-competitive conduct in a case involving Adani Group entities, Azure Power, and the Solar Energy Corporation of India (SECI). The case stemmed from a complaint alleging that SECI’s 2019 tender to set up 7 GW of solar power capacity, linked to 2 GW of annual solar manufacturing capacity, was designed to favor large players.

India’s electric vehicle push is being stymied by a lack of policy coherence, at a time when the need to decarbonize public and individual transport has never been more urgent. Two recent developments illustrate how policy inconsistencies across states could slow the country’s transition to low-emissions transport.

Maharashtra Energy Development Agency invited bids to commission 2,254 kW of off-grid solar power projects with 7,140 kWh of lithium ferro phosphate battery storage systems in Amravati, Maharashtra. The estimated cost of the work is ₹414.2 million (~$4.47 million). The last day to submit the bids is May 5, 2026. Bids will be opened on the next day.

NTPC Green Energy commissioned 150 MW capacity at its 300 MW solar project in Rajasthan, owned by Project Sixteen Renewable Power, a subsidiary of its joint venture, ONGC NTPC Green. The commercial operation will start on April 18, 2026.

Quality assurance services provider Intertek Group acquired the assets of Japan-based chemicals company Mitsui Chemicals India’s solar photovoltaic testing laboratory in Ahmedabad, Gujarat. The solar PV lab provides comprehensive International Organization for Standardization 17025-accredited testing services for solar installations, materials, and components.

Waaree Renewable Technologies, the engineering, procurement, and construction arm of the Waaree Group, reported a consolidated revenue from operations of ₹11.02 billion (~$118.27 million) for the fourth quarter of the financial year 2026, a 131.31% year-over-year increase from ₹4.77 billion (~$51.19 million).

CleanPeak Energy Holdings, an Australia-based renewable energy project developer focused on solar, battery energy storage systems, and thermal energy solutions, signed an agreement to fully acquire Sustainable Energy Infrastructure, a developer and owner of distributed solar and battery assets. The financial terms of the acquisition were not disclosed.

India needs a long-duration energy storage (LDES) trajectory similar to a renewable purchase obligation to increase LDES integration into the country’s power mix, according to a white paper published by the LDES Council. Setting LDES-specific targets for state transmission and utility planning would create long-term revenue certainty for developers, it said.

The corporate renewable power purchase agreements (PPA) market across the U.S. and Europe is witnessing a clear split in pricing trends while evolving along similar structural trajectories. While solar and wind prices in the U.S. rose due to policy uncertainty, supply constraints, and growing power demand, European solar PPA prices continued to decline due to weaker demand and market challenges, according to LevelTen Energy’s Q1 2026 PPA Price Index.